June 26, 2003
Two Groups Oppose Foundation Measure
Two major associations that represent nonprofit groups have announced their opposition to legislation in the House of Representatives that would probably require many foundations to give more to charity every year.
Despite the opposition, one of the bill's sponors says that he has substantial support for the proposal and expects it to be passed by the House before Congress adjourns for its August recess.
Independent Sector, which represents 700 nonprofit groups, plans to lobby
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